Vault-13

ISHARES INC EMXC

MSCI EMRG CHN · ETP · CUSIP 46434G764

934 institutional holders +59 vs Q4 2025
176,524,855176.5m shares reported held*
$13.9bnreported value*
110 new 344 added 308 reduced 52 sold out net bought ≈ $2.9bn (+36.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($93.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $78.68. Options: 2 managers hold calls ($2.4m notional), 1 hold puts ($472.0k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 277Q4 22: 316Q1 23: 349Q2 23: 394Q3 23: 453Q4 23: 659Q1 24: 761Q2 24: 824Q3 24: 861Q4 24: 918Q1 25: 873Q2 25: 833Q3 25: 794Q4 25: 875Q1 26: 934934Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022277
Q4 2022316
Q1 2023349
Q2 2023394
Q3 2023453
Q4 2023659
Q1 2024761
Q2 2024824
Q3 2024861
Q4 2024918
Q1 2025873
Q2 2025833
Q3 2025794
Q4 2025875
Q1 2026934

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ2 24: 574 bought or addedQ2 24: 199 cut or sold outQ3 24: 582 bought or addedQ3 24: 220 cut or sold outQ3 24Q4 24: 535 bought or addedQ4 24: 275 cut or sold outQ1 25: 344 bought or addedQ1 25: 511 cut or sold outQ1 25Q2 25: 322 bought or addedQ2 25: 540 cut or sold outQ3 25: 311 bought or addedQ3 25: 424 cut or sold outQ3 25Q4 25: 374 bought or addedQ4 25: 368 cut or sold outQ1 26: 454 bought or addedQ1 26: 360 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024574199
Q3 2024582220
Q4 2024535275
Q1 2025344511
Q2 2025322540
Q3 2025311424
Q4 2025374368
Q1 2026454360

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ2 25 calls: $1.5mQ2 25 puts: $258.9kQ2 25P/C 0.17Q3 25 calls: $803.4kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $370.7kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $2.4mQ1 26 puts: $472.0kQ1 26P/C 0.20
Numbers
QuarterCallsPutsP/C
Q2 2025$1.5m$258.9k0.17
Q3 2025$803.4k$00.00
Q4 2025$370.7k$00.00
Q1 2026$2.4m$472.0k0.20

Biggest buyers

GOLDMAN SACHS GROUP INC Added +29,469,997+29.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,299,033+1.3m
Bridgewater Associates, LP New +1,072,280+1.1m
JANUS HENDERSON GROUP PLC New +870,965+871.0k
LPL Financial LLC Added +809,443+809.4k
Richard Bernstein Advisors LLC Added +694,123+694.1k
ENVESTNET ASSET MANAGEMENT INC Added +551,237+551.2k
AMERIPRISE FINANCIAL INC Added +524,844+524.8k
MARSHALL WACE, LLP Added +454,716+454.7k
UBS Group AG Added +444,058+444.1k

Biggest sellers

VICTORY CAPITAL MANAGEMENT INC Sold out -1,864,964-1.9m
JANE STREET GROUP, LLC Reduced -998,020-998.0k
CITIGROUP INC Reduced -995,610-995.6k
CITADEL ADVISORS LLC Sold out -721,330-721.3k
PRUDENTIAL PLC Reduced -713,691-713.7k
Bank of New York Mellon Corp Reduced -575,996-576.0k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -555,431-555.4k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -524,477-524.5k
ARMSTRONG ADVISORY GROUP, INC Reduced -444,841-444.8k
TEACHER RETIREMENT SYSTEM OF TEXAS Reduced -301,250-301.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.4m18.2k shares
JANE STREET GROUP, LLC New $959.7k12.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $472.0k6.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.31% of their portfolio NEW YORK, NY 29,679,70129.7m $2.3bn $2.3bn 0.31% Added +29.5m +29,469,997
2 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 13,673,53413.7m $1.1bn $1.1bn 0.08% Added +306.0k +306,018
3 NORTHERN TRUST CORP 0.08% of their portfolio CHICAGO, IL 7,371,9777.4m $579.9m $579.9m 0.08% Added +199.3k +199,288
4 Bank of New York Mellon Corp 0.08% of their portfolio NEW YORK, NY 5,457,1425.5m $429.3m $429.3m 0.08% Reduced -576.0k -575,996
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.25% of their portfolio MILWAUKEE, WI 5,142,0025.1m $404.5m $404.5m 0.25% Added +412.0k +412,026
6 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,343,5074.3m $341.7m $341.7m 0.02% Added +420.4k +420,394
7 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 3,950,6404.0m $310.6m $310.6m 0.07% Added +524.8k +524,844
8 Richard Bernstein Advisors LLC 7.76% of their portfolio NEW YORK, NY 3,400,2403.4m $267.5m $267.5m 7.76% Added +694.1k +694,123
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,329,1913.3m $261.9m $261.9m 0.00% Added +337.0k +336,994
10 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 3,195,1103.2m $251.3m $251.3m 0.07% Added +809.4k +809,443
11 TEACHER RETIREMENT SYSTEM OF TEXAS 0.98% of their portfolio AUSTIN, TX 3,004,3943.0m $236.3m $236.3m 0.98% Reduced -301.2k -301,250
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,622,3802.6m $198.1m $198.1m 0.01% Added +285.8k +285,798
13 Cullen/Frost Bankers, Inc. 2.29% of their portfolio San Antonio, TX 2,563,3462.6m $201.6m $201.6m 2.29% Added +7.7k +7,741
14 Facet Wealth, Inc. 2.96% of their portfolio WEST PALM BEACH, FL 2,175,1612.2m $171.1m $171.1m 2.96% Added +169.1k +169,132
15 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,098,9982.1m $165.1m $165.1m 0.03% Added +161.1k +161,135
16 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,095,1812.1m $164.8m $164.8m 0.03% Added +444.1k +444,058
17 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 2,072,0002.1m $163.0m $163.0m 0.02% Reduced -78.0k -78,000
18 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,056,4862.1m $161.8m $161.8m 0.04% Added +551.2k +551,237
19 US BANCORP \DE\ 0.19% of their portfolio MINNEAPOLIS, MN 1,942,9351.9m $152.8m $152.8m 0.19% Added +318.9k +318,940
20 CENTRAL TRUST Co 2.93% of their portfolio JEFFERSON CITY, MO 1,889,8961.9m $148.7m $148.7m 2.93% Added +65.0k +65,038
21 Valmark Advisers, Inc. 1.68% of their portfolio AKRON, OH 1,795,2351.8m $141.2m $141.2m 1.68% Added +37.4k +37,415
22 Russell Investments Group, Ltd. 0.13% of their portfolio Seattle, WA 1,530,9781.5m $120.4m $120.4m 0.13% Added +134.6k +134,572
23 STIFEL FINANCIAL CORP 0.11% of their portfolio ST. LOUIS, MO 1,508,4241.5m $118.7m $118.7m 0.11% Added +166.2k +166,236
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.15% of their portfolio BALA CYNWYD, PA 1,499,9121.5m $118.0m $118.0m 0.15% Added +1.3m +1,299,033
25 Johns Hopkins University 8.12% of their portfolio BALTIMORE, MD 1,423,7441.4m $112.0m $112.0m 8.12% Unchanged
26 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 1,330,8631.3m $100.5m $100.5m 0.08% Reduced -555.4k -555,431
27 EASTERN BANK 1.72% of their portfolio BOSTON, MA 1,272,4961.3m $100.1m $100.1m 1.72% Reduced -120.9k -120,873
28 HighTower Advisors, LLC 0.10% of their portfolio CHICAGO, IL 1,148,2181.1m $90.3m $90.3m 0.10% Added +14.9k +14,915
29 Bridgewater Associates, LP 0.38% of their portfolio Westport, CT 1,072,2801.1m $84.3m $84.3m 0.38% New
30 Avidian Wealth Enterprises, LLC 2.64% of their portfolio Houston, TX 1,058,3921.1m $83.3m $83.3m 2.64% Added +89.9k +89,894
31 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,025,6751.0m $80.7m $80.7m 0.02% Added +161.4k +161,399
32 PARTNERS CAPITAL INVESTMENT GROUP, LLP 3.03% of their portfolio BOSTON, MA 1,022,2591.0m $80.4m $80.4m 3.03% Reduced -133.2k -133,165
33 Composition Wealth, LLC 1.03% of their portfolio LOS ANGELES, CA 956,076956.1k $75.2m $75.2m 1.03% Reduced -74.4k -74,421
34 RiverFront Investment Group, LLC 1.14% of their portfolio RICHMOND, VA 935,113935.1k $73.6m $73.6m 1.14% Added +112.0k +111,957
35 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 905,148905.1k $71.2m $71.2m 0.01% Added +77.8k +77,770
36 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 870,965871.0k $68.5m $68.5m 0.03% New
37 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 805,773805.8k $63.4m $63.4m 0.04% Added +15.3k +15,258
38 Mariner, LLC 0.07% of their portfolio Overland Park, KS 796,785796.8k $62.7m $62.7m 0.07% Added +36.7k +36,691
39 1ST SOURCE BANK 3.20% of their portfolio SOUTH BEND, IN 787,768787.8k $62.0m $62.0m 3.20% Added +65.0k +64,956
40 Artemis Wealth Advisors, LLC 9.32% of their portfolio Port Washington, NY 783,254783.3k $61.6m $61.6m 9.32% Added +369.7k +369,675
41 STATE OF WISCONSIN INVESTMENT BOARD 0.14% of their portfolio MADISON, WI 761,242761.2k $59.9m $59.9m 0.14% Unchanged
42 Vident Advisory, LLC 0.50% of their portfolio Alpharetta, GA 747,915747.9k $58.8m $58.8m 0.50% Added +268.6k +268,571
43 Myriad Asset Management Advisors LLC 17.25% of their portfolio WEST PALM BEACH, FL 744,373744.4k $58.6m $58.6m 17.25% Added +266.1k +266,065
44 EVOKE WEALTH, LLC 1.06% of their portfolio Los Angeles, CA 727,182727.2k $57.2m $57.2m 1.06% Added +1.2k +1,220
45 Hughes Financial Services, LLC 8.71% of their portfolio HERNDON, VA 720,812720.8k $56.7m $56.7m 8.71% Added +11.0k +11,027
46 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 660,822660.8k $52.0m $52.0m 0.07% Added +22.2k +22,179
47 ANDERSON HOAGLAND & CO 4.40% of their portfolio ST LOUIS, MO 649,671649.7k $51.1m $51.1m 4.40% Added +32.6k +32,564
48 Aprio Wealth Management, LLC 2.77% of their portfolio ATLANTA, GA 644,725644.7k $50.7m $50.7m 2.77% Reduced -20.5k -20,529
49 HANCOCK WHITNEY CORP 1.01% of their portfolio GULFPORT, MS 641,559641.6k $58.4m $58.4m 1.01% Reduced -22.4k -22,415
50 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.19% of their portfolio CHARLOTTE, NC 634,182634.2k $49.9m $49.9m 0.19% First filing
51 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 601,628601.6k $47.3m $47.3m 0.09% Added +211.8k +211,833
52 Farther Finance Advisors, LLC 0.45% of their portfolio SAN FRANCISCO, CA 597,945597.9k $47.6m $47.6m 0.45% Added +85.9k +85,919
53 TRUE Private Wealth Advisors 4.46% of their portfolio Salem, OR 595,500595.5k $46.8m $46.8m 4.46% Added +11.1k +11,134
54 New York Life Investment Management LLC 0.38% of their portfolio New York, NY 572,968573.0k $45.1m $45.1m 0.38% Reduced -132.5k -132,520
55 Integrated Wealth Concepts LLC 0.36% of their portfolio WALTHAM, MA 567,382567.4k $44.6m $44.6m 0.36% Added +196.7k +196,712
56 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 556,985557.0k $43.8m $43.8m 0.03% Added +3.3k +3,343
57 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 543,809543.8k $42.8m $42.8m 0.05% Reduced -13.5k -13,480
58 Clearwater Capital Advisors, LLC 3.31% of their portfolio HOFFMAN ESTATES, IL 521,935521.9k $41.1m $41.1m 3.31% Added +42.5k +42,493
59 Advocacy Wealth Management, LLC 1.80% of their portfolio ATLANTA, GA 516,571516.6k $40.6m $40.6m 1.80% Reduced -45.1k -45,107
60 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 510,922510.9k $40.2m $40.2m 0.06% Added +12.5k +12,495
61 Legacy Edge Advisors, LLC 4.11% of their portfolio SYOSSET, NY 497,080497.1k $39.1m $39.1m 4.11% Added +25.5k +25,477
62 OPPENHEIMER ASSET MANAGEMENT INC. 0.44% of their portfolio NEW YORK, NY 489,940489.9k $38.5m $38.5m 0.44% Added +1.1k +1,085
63 PRUDENTIAL PLC 0.28% of their portfolio LONDON, X0 472,509472.5k $37.2m $37.2m 0.28% Reduced -713.7k -713,691
64 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 472,081472.1k $37.1m $37.1m 0.04% Added +42.9k +42,870
65 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 467,057467.1k $36.7m $36.7m 0.04% Added +454.7k +454,716
66 Crestwood Advisors Group, LLC 0.62% of their portfolio BOSTON, MA 465,156465.2k $36.6m $36.6m 0.62% Added +6.0k +6,036
67 SENTINEL TRUST CO LBA 3.56% of their portfolio HOUSTON, TX 456,200456.2k $35.9m $35.9m 3.56% Unchanged
68 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 451,060451.1k $35.5m $35.5m 0.06% Added +734 +734
69 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 437,823437.8k $34.4m $34.4m 0.09% Reduced -5.6k -5,632
70 PROFESSIONAL ADVISORY SERVICES INC 4.42% of their portfolio VERO BEACH, FL 407,423407.4k $32.0m $32.0m 4.42% Reduced -20.6k -20,551
71 Sanctuary Advisors, LLC 0.16% of their portfolio INDIANAPOLIS, IN 385,115385.1k $30.3m $30.3m 0.16% Added +31.3k +31,275
72 Tradition Wealth Management, LLC 2.12% of their portfolio EDINA, MN 378,148378.1k $29.7m $29.7m 2.12% Added +71.0k +70,984
73 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 369,036369.0k $29.0m $29.0m 0.04% Reduced -161.4k -161,427
74 Legacy Financial Group LLC 3.63% of their portfolio DES MOINES, IA 367,072367.1k $28.9m $28.9m 3.63% Reduced -45.4k -45,398
75 NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio TOKYO, M0 365,200365.2k $28.7m $28.7m 0.07% Reduced -23.4k -23,400
76 Proficio Capital Partners LLC 1.53% of their portfolio NEWTON, MA 363,713363.7k $28.6m $28.6m 1.53% New
77 OAKWORTH CAPITAL, INC. 1.50% of their portfolio BIRMINGHAM, AL 359,468359.5k $28.3m $28.3m 1.50% New
78 SOROS FUND MANAGEMENT LLC 0.38% of their portfolio NEW YORK, NY 354,686354.7k $27.9m $27.9m 0.38% Unchanged
79 World Investment Advisors 0.45% of their portfolio LINCROFT, NJ 351,272351.3k $27.6m $27.6m 0.45% Added +126.5k +126,498
80 Curi Capital, LLC 0.49% of their portfolio CHICAGO, IL 350,375350.4k $27.6m $27.6m 0.49% Reduced -44.4k -44,410
81 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 347,122347.1k $27.3m $27.3m 0.07% Added +247.0k +247,034
82 Cardinal Strategic Wealth Guidance 7.03% of their portfolio LOUISVILLE, KY 338,981339.0k $26.7m $26.7m 7.03% Added +255 +255
83 ELEVATION POINT WEALTH PARTNERS, LLC 0.63% of their portfolio DENVER, CO 336,708336.7k $26.5m $26.5m 0.63% Added +193.3k +193,264
84 Vestmark Advisory Solutions, Inc. 0.29% of their portfolio Wakefield, MA 336,357336.4k $26.5m $26.5m 0.29% Added +32.4k +32,376
85 Seascape Capital Management 7.55% of their portfolio PORTSMOUTH, NH 333,323333.3k $26.2m $26.2m 7.55% Added +11.9k +11,928
86 Carr Financial Group Corp 6.84% of their portfolio WORCESTER, MA 329,746329.7k $25.9m $25.9m 6.84% Added +4.2k +4,240
87 Ayalon Insurance Comp Ltd. 5.27% of their portfolio Ramat Gan, L3 328,203328.2k $25.8m $25.8m 5.27% Added +91.4k +91,391
88 Stockman Wealth Management, Inc. 2.82% of their portfolio BILLINGS, MT 325,408325.4k $25.6m $25.6m 2.82% Added +5.0k +5,038
89 Prime Buchholz LLC 13.12% of their portfolio PORTSMOUTH, NH 319,235319.2k $25.1m $25.1m 13.12% Unchanged
90 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.27% of their portfolio New York, NY 299,574299.6k $23.6m $23.6m 0.27% Reduced -5.2k -5,195
91 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 294,943294.9k $23.2m $23.2m 0.03% Added +52.2k +52,242
92 BEAM WEALTH ADVISORS, INC. 5.69% of their portfolio COVINGTON, LA 290,369290.4k $22.8m $22.8m 5.69% Reduced -26.8k -26,783
93 Waterloo Capital, L.P. 1.60% of their portfolio AUSTIN, TX 289,177289.2k $22.7m $22.7m 1.60% Added +205.9k +205,872
94 OpenArc Corporate Advisory, LLC 0.30% of their portfolio ATLANTA, GA 268,523268.5k $21.1m $21.1m 0.30% Added +6.4k +6,413
95 Robinhood Asset Management, LLC 1.51% of their portfolio MENLO PARK, CA 265,518265.5k $20.9m $20.9m 1.51% New
96 ALPS ADVISORS INC 0.10% of their portfolio Denver, CO 262,650262.6k $20.7m $20.7m 0.10% New
97 Trail Ridge Investment Advisors, LLC 8.55% of their portfolio FORT COLLINS, CO 250,064250.1k $19.7m $19.7m 8.55% Added +7.5k +7,526
98 ES4, LLC 12.46% of their portfolio NEWPORT BEACH, CA 245,346245.3k $19.3m $19.3m 12.46% Unchanged
99 MinichMacGregor Wealth Management, LLC 3.40% of their portfolio Saratoga Springs, NY 244,964245.0k $19.3m $19.3m 3.40% Added +227.9k +227,874
100 CWM, LLC 0.05% of their portfolio OMAHA, NE 242,737242.7k $19.1m $19.1m 0.05% Reduced -41.7k -41,701